Pennsylvania’s tax code underwent several changes in November 2017, when Governor Tom Wolf signed Act 43 into law. One of the most significant results of that legislation was the creation…
5 Things You Need to Know About International Tax Reform
While tax rate cuts and changes to deductions for individuals and businesses have been a focus of tax reform coverage, a significant shift is underway in the U.S. tax treatment…
The Good, the Bad and the Unknown of Gov. Wolf’s 2018-19 Budget Proposal
The 2018-19 Fiscal Year budget address delivered by Pennsylvania Governor Tom Wolf yesterday was short and sweet. While recognition of the Philadelphia Eagles’ recent Super Bowl victory opened the proceedings…
New Tax Law: Top-Level Impacts for Businesses and Individuals
The U.S. tax landscape will undergo significant changes, with the sweeping overhaul bill on its way to the president’s desk for signature. At RKL, our tax team has been monitoring…
Year-End Tax Strategy: Pay Fourth Quarter Estimated State and Local Taxes Now to Lock in 2017 Deduction
Tax reform legislation is on track for passage before the end of this year, significantly transforming the U.S. tax code. One of the key aspects of the current legislation is…